(EOLU-B) Eolus Vind (publ) - Ratings and Ratios

Eolus Vind AB is a leading renewable energy company that develops, constructs, and operates sustainable energy assets across multiple geographies, including Europe and the United States. The companys diversified portfolio encompasses onshore and offshore wind, solar power, and energy storage solutions, positioning it for long-term growth in the transition to cleaner energy.

With a presence in multiple markets, Eolus Vind AB leverages its expertise in project development and asset management to deliver renewable energy projects and provide technical consultancy services to stakeholders. The companys operations are backed by a substantial pipeline of projects, including 8,181 onshore wind, 10,000 offshore wind, 2,873 energy storage, and 5,872 solar power plants as of December 31, 2023.

Analyzing the technical data, Eolus Vind ABs stock (EOLU-B) is currently trading at 53.80 SEK, above its SMA20 and SMA50, indicating a positive short-term trend. The stocks ATR of 2.43 represents a 4.52% daily volatility, suggesting a relatively stable price movement. Given the 52-week high and low of 77.64 and 41.38, respectively, the stock is currently trading near the lower end of its recent range, potentially indicating a buying opportunity.

From a fundamental perspective, Eolus Vind ABs market capitalization stands at 1222.05M SEK, with a P/E ratio of 4.42 and a forward P/E of 15.13, suggesting a significant growth expectation. The companys RoE of 18.29% indicates a strong ability to generate returns on equity. Combining these fundamental insights with the technical data, a forecast for EOLU-B could be constructed. Assuming the company continues to grow its renewable energy portfolio and benefits from the ongoing energy transition, a potential price target could be estimated.

Using historical trends and fundamental data, a potential forecast for EOLU-B could be a price target of 65-70 SEK in the next 6-12 months, representing a 20-30% increase from current levels. This forecast is based on the assumption that the company will continue to develop and divest its renewable energy projects, driving growth in revenue and earnings. Additionally, the improving trend in the stocks technical indicators, such as the SMA20 and SMA50, supports this positive outlook.